Caution: Don't APE-in quite yet. (Crypto prediction).
ApeCoin (APE) has been steadily increasing since I started watching it at around $.11. Despite predictions by stock analysts that the coin will pull back and then break-out in the short-term, I say WAIT at least another 30 days before you APE-in. More below...
Below: Apecoin (APE).
Please note that the following is not intended to be financial advice! It is merely my own 'prediction' or opinion of the potential price movements in the crypto market, and should be taken as entertainment purposes only. Be sure that you never invest any money that you can't afford to lose, and apply sensible, dollar cost averaging techniques to minimize losses.
I generally shun "meme coins" like APE or DOGE (or, sh*tcoins, as they're often called), but I did a quick little APE swing trade recently (just to get my 'feet wet'), and earned a quick 38% on my modest investment right before it pulled back. I thought it might continue its rally from there, and contemplated diving back in for a small profit, but I was concerned that it might stall out around $20, so I held back, especially in light of a potential market dump that is imminent (see my other predictions for general timelines).
ApeCoin (APE) has been steadily increasing since I started watching it at around $.11. Despite predictions by stock analysts that the coin will pull back and then break-out in the short-term, I say WAIT at least another 30 days before you APE-in. At that time, there should be a great opportunity to snag this coin at a discounted price, and ride it through an early-August break-out. From there, I'm not interested in following it since it honestly doesn't appear to have much life (at least compared to other high flyers) going forward into 2023.
I really hate to give a target price for APE during the break-out, but you should see at least a quick double, perhaps much more, but don't hold your breath! My general rule of thumb is that when I'm excited about my gains, I take them off the table. I also sell crypto as soon as my mind starts fantasizing about the price going to some fantastic, magical level.
As always, never, ever risk money on meme coins that you cannot afford to lose, and always use dollar cost averaging techniques just in case you dive in too soon. I've found this strategy works well for me, because despite being 'psychic', I can easily get sucked into the FOMO!